Powerball Jackpot Increases to $1.5 Billion

The cash option is $930 million, lottery officials said.

January 12, 2016, 11:10 AM

— -- The Powerball lottery jackpot has now increased to $1.5 billion from $1.4 billion, according to Texas lottery officials. The jackpot could grow even more before Wednesday's drawing.

The cash value is $930 million (before taxes).

Though there were no Powerball winners on Saturday, 18,315,365 players won other prizes, officials said.

In total, $159,080,965 in prize money was handed out this weekend, according to lottery officials.

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